U.S. Markets close in 5 hrs 36 mins

Westinghouse Air Brake Technologies Corporation (WAB)


NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
81.82-0.67 (-0.81%)
As of 10:23AM EDT. Market open.
People also watch
GWRGBXTRNKSUARII

Westinghouse Air Brake Technologies Corporation

1001 Air Brake Avenue
Wilmerding, PA 15148
United States
412-825-1000
http://www.wabtec.com

SectorServices
IndustryRailroads
Full Time Employees20,000

Key Executives

NameTitlePayExercisedAge
Mr. Raymond T. BetlerChief Exec. Officer, Pres and Director1.05MN/A61
Mr. Patrick D. DuganChief Financial Officer and Exec. VP of Fin.522.39kN/A51
Mr. Stéphane Rambaud-MeassonChief Operating Officer, Corp. Exec. VP and Director62.96kN/A55
Mr. David L. DeNinnoExec. VP, Gen. Counsel and Sec.502.35kN/A61
Mr. John A. Mastalerz Jr.Principal Accounting Officer, VP of Fin. and Corp. ControllerN/AN/A50
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based equipment and services for the freight rail and passenger transit vehicle industries worldwide. It operates in two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; builds switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. This segment serves publicly traded railroads; leasing companies; manufacturers of original equipment, such as locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses; builds commuter locomotives; and refurbishes subway cars. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company’s products comprise positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment, and end of train devices; freight car trucks and couplers; draft gears, couplers, and slack adjusters; and air compressors and dryers. Its products also include track and switch products; railway braking equipment and related components; friction products consisting brake shoes and pads; door and window assemblies, and accessibility lifts and ramps for buses and subway cars; and traction motors, as well as builds, remanufactures, and overhauls commuter and switcher locomotives, and transit cars. The company was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.

Corporate Governance

Westinghouse Air Brake Technologies Corporation’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.